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Prime Existing Hamilton Waterfront Food Franchise Location For Sale

Hamilton, Ontario, Canada
Asking Price:
$750,000 (CAD) Furniture / Fixtures included
Sales Revenue:
$1,350,000 (CAD)
Cash Flow:
$200,000 (CAD)

Excellent opportunity to step into an existing waterfront food franchise location in Hamilton.

This prime location has a 400-seat patio right on the waterfront pier.

Sales of this location are averaging 1.3 million per year and once an NDA is signed and the application filled out one will share these sales and further details. The Hamilton waterfront has a redevelopment plan in place to bring condos and more residences to the waterfront.

The lease will be a long-term lease and 10 10-year new lease is underway, and currently, this business is run by a trusted company that is turning over the location back to corporate. Corporate will renovate the location to expand the kitchen to service more food sales and then will turn this over to a franchisee.

Renovation is going to be completed and the new buyer can step into one of the best locations in the city. The Hamilton waterfront is also going to be further developed with a large city plan ahead right next to this location on the waterfront.

One will need to have $300k down to qualify and the price is being discussed.

Price $750k firm.

Inquire for more details

Property Information

Real Estate:

Lease

Lease Terms:

Long term

Location:

Hamilton waterfront location with large patio

Premises Details:

Inquire for more details

Business Operation

Expansion Potential:

Excellent opportunity to own several other franchise locations

Competition / Market:

Minimal

Reasons for selling:

Corporate store to be sold to the right fit franchisee

Trading hours:

Inquire for more details

Years established:
2017

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

Long term

Other Information

Support & training:

Excellent support locally and is an easy business to run and manage day to day.

Financing available:

Yes can assist with the small business loan and one will need $300k down and total all in price will be determined shortly